A market structure characterized by many sellers with each having some pricing power and product differentiation is
Question:
A market structure characterized by many sellers with each having some pricing power and product differentiation is best described as:
A. oligopoly.
B. perfect competition.
C. monopolistic competition.
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C Monopolistic competition Monopolistic competition is a ...View the full answer
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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